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Markets
First Mover: Bitcoin Hits $12K as Trump Orders Checks for Unemployed (Voters)
Bitcoin pushed above $12,000 as President Donald Trump ordered emergency economic aid measures that might just be a precursor to a new spending bill worth trillions of dollars.

Bitcoin Suddenly Drops by $500 After Passing $12K [Updated]
Bitcoin suddenly plummeted soon after crossing above $12,000 earlier on Monday.

How the Purpose of Public Markets Has Changed
Long Reads Sunday features excerpts about public and private markets, the new bitcoin bull market, and DJ Marshmello.

First Mover: Kyber CEO Predicts 2020 Transactions at $3B as DeFi Token Soars
Kyber Network's KNC token has brought traders eightfold returns this year, dwarfing those for bitcoin and ether. CoinDesk spoke with CEO Loi Luu about the project and the DeFi boom.

Bitcoin Entering 'New Adoption Cycle,' Coin Metrics Exec Says
User adoption looks to be gathering pace as bitcoin's price rises amid a coronavirus-induced rush for assets with safe-haven appeal.

First Mover: Bitcoin Rises More in One Day Than Stocks Have Gained All Year
Bitcoin prices surged 5% Wednesday, outpacing stocks and gold amid calls for more government stimulus to stem the fallout from the coronavirus pandemic.

Bitcoin Price Rises 3% as Gold Trades Above $2K for First Time
Bitcoin is again acting like a macro asset, drawing bids amid record rally in gold and broad-based U.S. dollar sell-off.

First Mover: Ethereum’s Transition to Staking Could Push More Traders to Use Derivatives
As Ethereum starts its multiyear transition to a "staking" network, analysts say a reduction in token liquidity may push traders to derivatives markets.

First Mover: As Fed Nears Inflation Rubicon, Analysts See $50K Bitcoin in Play
The Federal Reserve appears ready to pursue yet another untested strategy that could ultimately boost inflation – and possibly prices for bitcoin.

Bitcoin Futures Interest Soars as Bond Yields Fall to Record Lows: Industry Exec
Surging open interest in crypto derivatives suggests investors are seeking alpha in other investments, like bitcoin, said the co-founder of an index fund provider.
